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Erik S Cassel Foundation is a private corporation based in SAN MATEO, CA. The foundation received its IRS ruling in 2019. The principal officer is Rebecca Smith. It holds total assets of $7M. Annual income is reported at $3.6M. Total assets have grown from $1.2M in 2019 to $7M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Funding is distributed across 4 states, including California, New York, District of Columbia. According to available records, Erik S Cassel Foundation has made 27 grants totaling $1.1M, with a median grant of $35K. Annual giving has grown from $75K in 2020 to $325K in 2023. Grantmaking activity was highest in 2021 with $375K distributed across 9 grants. Individual grants have ranged from $5K to $150K, with an average award of $40K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in New York, California, Louisiana, which account for 89% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$20K
Average Grant
$42K
Largest Grant
$150K
Based on 9 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Erik S Cassel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in NY, CA, LA.
Erik S Cassel Foundation has distributed a total of $1.1M across 27 grants. The median grant size is $35K, with an average of $40K. Individual grants have ranged from $5K to $150K.
Erik S Cassel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Erik S Cassel Foundation is headquartered in SAN MATEO, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rebecca Smith | PRESIDENT/SECRETARY | $0 | $0 | N/A |
| David Cassel | TREASURER | $0 | $0 | N/A |
| Kai Robert Cassel | DIRECTOR | $0 | $0 | N/A |
| Daniel Cassel | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$7M
Fair Market Value
N/A
Net Worth
$7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
27
Total Giving
$1.1M
Average Grant
$40K
Median Grant
$35K
Unique Recipients
9
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bard CollegeACCESS & EQUITY | Annandaleonhudson, NY | $105K | 2023 |
| LifemovesCOMMUNITY SUPPORT | Menlo Park, CA | $50K | 2023 |
| Eastside College PrepGENERAL NEED-BASED SCHOLARSHIPS | East Palo Alto, CA | $50K | 2023 |
| Xavier University Of LouisianaGENERAL NEED-BASED SCHOLARSHIPS | New Orleans, LA | $50K | 2023 |
| Rainforest FoundationRAINFOREST PROTECTION | Brooklyn, NY | $40K | 2023 |
| Immigration Institute Of Bay AreaIMMIGRATION SUPPORT | San Francisco, CA | $30K | 2023 |
| Kids In Need Of DefenseSOCIAL SERVICES | Washington, DC | $20K | 2021 |
| GreenactionENVIROMENTAL PROTECTION | San Francisco, CA | $15K | 2021 |
| Sunrise Education FundSOCIAL SERVICES | Washington, DC | $15K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA